Release date: 1 June 2015
Promoter – Financial Intermediary
BYDGOSZCZLocation
Description
The project covers small, medium and large investment schemes in the city of Bydgoszcz. The investments are mainly in the fields of public transport, road upgrading, urban renewal and construction or upgrading of public buildings.
Objectives
The project will contribute to the implementation of the sustainable development strategy of the city of Bydgoszcz, and in particular to the improvement of urban infrastructure such as the internal road network and public transport, public buildings (schools, health and social care centres, cultural amenities), as well as regeneration of selected city districts.
Sector(s)
Proposed EIB finance (Approximate amount)
PLN 400 million
Total cost (Approximate amount)
PLN 1000 million
Environmental aspects
The project comprises a multi-scheme operation classified as a framework loan and some of the schemes may fall under Annex II of Directive 2011/92/EU on environmental impact assessment (EIA). Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned directives as transposed into the national law. It is a requirement that all schemes must be implemented in compliance with EU environmental legislation.
Procurement
The promoter will be required to follow EU public procurement rules (2004/18/EC), including the publication of contract notices in the EU Official Journal, as implemented by national law, if and where appropriate. Projects with values below the EU thresholds will be procured according to the provisions laid down in national legislation.
Status
Signed - 1/12/2015